2020 Ferrari 488 GTBTrue Cost of Ownership in Thailand
660 hp twin-turbo V8. Full cost breakdown including import duty (80%), VAT (7%), insurance, fuel at ฿0.95/L, maintenance, and depreciation.
Purchase Price
$501K
Base: $260K
Annual Total
$63K
Insurance + fuel + maintenance
Import Duty
$208K
80% of base price
VAT
$33K
7% applied
Annual Insurance
$850
Avg for this country
5-Year Total
$817K
Purchase + 5yr running costs
2020 Ferrari 488 GTB — Full Cost Breakdown in Thailand
Every cost component from purchase to 5-year ownership. All figures in USD equivalent.
| Cost Component | Amount (USD) |
|---|---|
| Base Price (MSRP) | $260K |
| Import Duty (80%) | $208K |
| VAT / Sales Tax (7%) | $33K |
| Total Purchase Price | $501K |
| Annual Insurance | $850 |
| Annual Fuel Cost | $3K |
| Annual Maintenance | $7K |
| Annual Depreciation | $52K |
| Registration & Road Tax | $550 |
| Total Annual Running Cost | $63K |
| 5-Year Total Cost of Ownership | $817K |
| Cost Per Kilometer | $4.217 |
For informational purposes only. All figures are estimates. Not financial advice. Prices and costs may change without prior notice.
Ferrari 488 GTB Fuel Cost Calculator — Thailand
Adjust your annual mileage and local fuel price to calculate your exact fuel costs.
Adjust Your Usage
Annual Fuel Cost
$2,565
USD equivalent
Monthly Fuel Cost
$214
Per month average
Annual Liters Used
2,700L
At 15,000 km/yr
Cost per 100km
$17.10
18L × ฿0.95
Ferrari 488 GTB Depreciation Curve
The Ferrari 488 GTB loses approximately $114K (44%) of its value over 5 years.
Year-by-Year Value
| New | $260K | 100% |
| Year 1 | $208K | 80% |
| Year 2 | $187K | 72% |
| Year 3 | $169K | 65% |
| Year 4 | $156K | 60% |
| Year 5 | $146K | 56% |
Depreciation based on exotic segment averages.
Ferrari 488 GTB vs. Competitors in Thailand
How does the Ferrari 488 GTB compare to similar cars available in Thailand?
Ferrari
488 GTB
Base Price
$260K
Annual Cost in Thailand
$63K
Porsche
911 Turbo S
Base Price
$210K
Annual Cost in Thailand
$35K
McLaren
720S
Base Price
$300K
Annual Cost in Thailand
$48K
Aston Martin
DB12
Base Price
$245K
Annual Cost in Thailand
$40K
Annual costs estimated for Thailand market. Import duty (80%) and VAT (7%) applied to all models.
🇹🇭 Owning a Car in Thailand
High import tax but low running costs.
Very Expensive for Thailand
Annual car costs = 904% of average Thailand income ($7K/yr)
Average Annual Income
$7K
In Thailand
Fuel Price
฿0.95/L
Gasoline dominant
Avg Car Insurance
$850
Per year
Import Duty
80%
On vehicle value
VAT / Sales Tax
7%
Applied at purchase
Driving Side
Left-hand
Asia
Popular Car Brands in Thailand
Ferrari 488 GTB in Thailand — Frequently Asked Questions
Common questions about owning a Ferrari 488 GTB in Thailand.
The 2020 Ferrari 488 GTB has a base price of $260,000 USD. In Thailand, after 80% import duty and 7% VAT, the total purchase price is approximately $500,760 USD (฿500,760 THB).